DISQUS

Will Wilkinson: Why Don’t We Get the “Right” Regulations?

  • Tushar · 1 year ago
    Exactlyyy the point I was trying to get thru in the Financial Dirigisme Thread. its just so hard, I agree. Thank you
  • DWAnderson · 1 year ago
    I think this is mostly right, but it would help if you said some more about the level of generality at which the limits to effective regulation apply. If applied at the highest level of generality that would make any reform impossible under any circumstances. Surely it is at least conceivable that some reforms other than complete financial deregulation might make the financial system better. The question is what those might be.
  • TGGP · 1 year ago
    Dain gives some evidence we shouldn't equate profit-sector and government agents that way here:
    http://dryhyphenolympics.blogspot.com/2008/05/p...
  • catchy · 1 year ago
    You've made this pt. several x, but I don't know whether your analysis applies just to the US or what.

    Your pessimism re: regulation seems to rely on general premises re infuence on gov. etc.

    But there are places w. effective regulation. e.g. Canada maintained robust capital reserve requirements and their banks haven't melted down in anything like US fashion.

    I'd like to know whether your claim is perfectly general. And if so, how do you account for e.g. Canada?

    From my POV you seem to be participating in the general 'government is never the solution' culture that kept us from having the type of sensible oversight that was in place right above the border.

    p.s. sorry bout your run-in w. Leiter. I study a phil. + think it's nice to have folk trying to bring philosophy to a wider audience...
  • Paul McLeod · 1 year ago
    Tortured Analogy Productions presents:

    MORE REGULATION
    A Tragedy in One Act

    Featuring:
    Dr. Weird as "The Government"
    Steve as "The Financial Markets"
    and Corn as "Regulation"

    <object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/DUWuUIiciWk&hl=en&fs=1"></param><param name="allowFullScreen" value="true"></param><embed src="http://www.youtube.com/v/DUWuUIiciWk&hl=en&fs=1" type="application/x-shockwave-flash" allowfullscreen="true" width="425" height="344"></embed></object>

    Please replace "hungry" with "hosed".

    The Acclaimed Prequel
  • Paul McLeod · 1 year ago
    Argh. I was afraid of that. The effect is ruined, but here's the plain URL for the video I tried to embed: http://www.youtube.com/watch?v=DUWuUIiciWk